Tag: Allegion
PSA Network announces 2026 P3 Partners
January 5, 2026SSN Staff
WESTMINSTER, Colo.—The PSA Network (PSA), the world’s largest consortium of professional systems integrators, has announced the 28 partners of the PSA Partner Program (P3) for 2026.
The P3 program is a performance-driven initiative tailored for technology partners, evaluating and categorizing them based on criteria reflecting their impact and achievements within the network.
Partners meeting the annual sales threshold are assessed using a weighted scale. Their cumulative...
Allegion to launch Operation: Retrofit Refresh sweepstakes
November 3, 2025SSN Staff
CARMEL, Ind. — Allegion is launching Operation: Retrofit Refresh, a sweepstakes that offers one lucky multifamily property a $20,000 access control overhaul—a turnkey upgrade designed to ease operations, delight residents, and almost-instantly boost NOI.
Today’s multifamily property owners and operators face mounting challenges according to Allegion: competing with new Class A builds, rising operating costs, capital constraints, compliance risks, and staff burnout. Allegion...
Allegion sees ‘resilient’ non-residential market, ‘soft’ residential market in Americas
October 29, 2025Cory Harris, Editor
DUBLIN—Allegion reported a strong Q3 2025, supported by what CEO John H. Stone calls a “resilient” performance and steady aftermarket demand in the non-residential market in the Americas, even as residential markets remained “soft.”
Allegion’s Americas segment delivered strong operating results in Q3, with revenue of $844 million - up 7.9% on a reported basis and up 6.4% on an organic basis - led by its non-residential business.
“Q3...
Allegion reports Q3 2025 results, growth led by Americas non-residential
October 23, 2025SSN Staff
DUBLIN — Allegion plc (NYSE: ALLE), a global security products and solutions provider, has reported the financial results for its third quarter (ended Sept. 30, 2025).
“Allegion’s third-quarter performance was defined by strong execution producing solid results,” Allegion President and CEO John H. Stone said. “With enterprise double-digit revenue growth led by our Americas non-residential business and accretive capital deployment, we’re raising our...
Johnson Controls eyes growth in Fire and Security
August 6, 2025Cory Harris, Editor
CORK, Ireland—As Johnson Controls implements a new business system to drive overall long-term success, CEO Joakim Weidemanis recently told investors that he sees an opportunity to expand and grow the company’s Fire and Security segment.
Competitive landscape and product strategy
During the company’s Q3 conference call with investors, Weidemanis was asked about how the company can accelerate growth in Fire and Security, and how the segment can work together with...
Allegion hits billion-dollar milestone, with nod to non-residential biz
July 30, 2025Ken Showers, Managing Editor
DUBLIN — Allegion plc hit a key milestone with the release of its second quarter 2025 results this week, largely the result of growth in its non-residential segment in the Americas.
CEO John Stone highlighted the company’s $1.02 billion in net revenues, an increase of 5.8%, and its high-single digit non-residential organic growth in the Americas as an indicator of the resilience of the business and the health of its relationship with channel partners.
“Q2 was a...
Allegion acquires access control software provider Gatewise
July 7, 2025SSN Staff
DUBLIN—Allegion, a global security products and solutions provider, through one of its subsidiaries, has acquired privately owned Gatewise Inc. (Gatewise), a provider of smart access control solutions in the U.S. multifamily marketplace. Terms of the transaction were not disclosed.
Founded in 2017 and based in Houston, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features...
Allegion to acquire access control manufacturer ELATEC in $382 million deal
June 12, 2025SSN Staff
DUBLIN—Allegion, a global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, from Summit Partners for €330 million ($382 million) on a cash-free, debt-free basis.
Allegion expects to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility.
ELATEC is a manufacturer of security and access technology,...
Allegion rises on non-residential biz, remains cautious on tariffs
May 1, 2025Ken Showers, Managing Editor
DUBLIN — Allegion says its positive financial results for the first quarter ended March 31, 2025, are the result of top-line growth in the Americas, driven by the company’s non-residential business, but it’s holding off on updating its revenue outlook for the rest of the year due to the volatility of tariffs.
First quarter
Allegion’s non-residential business was up high-single digits, while its residential business declined mid-single digits.
“Allegion...
Women in Security Profile: ‘I see women raising the bar,’ says Lisa Sobek
March 31, 2025Kenneth Z. Chutchian, Contributing Editor
YARMOUTH, Maine—Lisa Sobek is a relative “newbie” in the security industry, but she has already seen the impact that women have made in a male-dominated field.
“I have the privilege of learning from and working alongside some truly inspiring women in the security industry,” said Sobek, senior channel marketing manager at Allegion. “Whether at Allegion or through my involvement with Security Industry Association (SIA) committees, I see women raising...